The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$998,888
849 57th St Unit 101
Brooklyn, NY, 11220
View more Brooklyn, NY property pagesStudioBeds
0.5Baths
1,158Sqft
$863$/sqft
Listing Notes
Offering a prime investment opportunity in the heart of Sunset Park, this 1,158 square foot medical office condominium is located along vibrant 8th Avenue. Situated in an elevator building, the unit benefits from a tax abatement program available through 2032. The property features two separate units: Unit A: Currently rented, monthly rent of 4,500 Unit B: Currently rented at 3,800 per month This property is ideal for both investors and medical practitioners seeking ownership space. Its location along the 8th Avenue ensures high visibility and heavy foot traffic, surrounded by abundant shopping and dining options. Do not miss this rare opportunity to acquire property in prime Sunset Park.
Market Insights
Below nearby median-13%
$863/sqft vs a nearby median of $992/sqft.
Nearby median$992/sqft
Nearby properties8
Property size1,158 sqft
- -13% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,158 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.18M$1.07M – $1.28M · 50% confidence
vs ask $999k−$176k (−17.6%)
Asking price is about 17.6% below the fair value — likely to draw competing offers if it's still on market.
$1,000/sqft median across 7 tight comps × 1,158 sqft= $1.16M
- Modern construction+$17k +1.5%
- Transit access+$6k +0.5%
- Visible condition issues−$6k −0.5%
Cumulative NYC adjustments+$17k+1.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 48 days
- Last price change
- No change recorded
- Listed
- Mar 25, 2026
- Photos
- 15 photos
- Property type
- condos
- Status
- for sale
Features & Amenities
Den Or OfficeDisability FeaturesRental PropertyElevatorInvestment OpportunityOfficeMedicalcareShopping
Photos
Building Facts
- Year built
- 2008
- Stories
- 9
- Total units
- 29
- Building area
- 16,083 sqft
- Lot size
- 4,007 sqft
- Land use
- Commercial and office buildings
- Building class
- RB
From NYC public records where available.
Price History
May 4, 2026Initial record
$998,888for sale
Public Records
DOB violations1 open
9 total recorded against the building
HPD violations0 open
0 total recorded
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)31,227
Top: illegal parking
Top complaint types in ZIP 11220
- Illegal Parking7,350
- Blocked Driveway2,421
- Noise - Residential2,077
- HEAT/HOT WATER1,694
- Noise - Street/Sidewalk1,477
Recent DOB
- Feb 1, 2024V*-DOB VIOLATION - DISMISSED · FISPHAZ-HAZARDOUS CONDITION (FACADE) FACADE REQUIRED
- Feb 22, 2022V-DOB VIOLATION - ACTIVE · FISPNRF-NO REPORT AND / OR LATE FILING (FACADE) FACADE REQUIRED
- Jun 26, 2021V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Jan 26, 2018V*-DOB VIOLATION - DISMISSED · ACC1-(OTHER BLDGS TYPES) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.